Companies across North America are seeing transportation costs rise as a percentage of their total costs. That’s driving a need for many business leaders to closely oversee their transportation spending.
If anything, the year 2020 highlighted the ways life can veer dramatically from the expected. Along with its impact on health and the broader economy, the COVID-19 pandemic and resulting rise in online orders drove unpredictable growth and contributed to new demands on freight capacity as well as service challenges in the truckload (TL) and less-than-truckload (LTL) markets.
Changes to the National Motor Freight Classifications issued Nov. 19, 2020 took effect Dec. 19, 2020. These changes may change some of your transportation costs.
